Search This Blog

Friday, October 14, 2011

Market Thought... more technicals

I would look to take on SPY put protection via the 123 Dec puts.  I would most likely take on the put protection on Monday, 15 min or so after the open or if the SP500 sees 1230 (or the 320SMA).

But realistically, if I was actually looking at the sizable gains of a would be AAPL, QCOM positions, along with the trading via the 'opportunity loss' trades, I would be taking on a light protection now, and add on Monday as indicated above.  Then wait for the position (DIS, DD, ETN, SLB, SU, POT, IBM etc) I would want to get into (as highlighted in the post below).

No comments:

Post a Comment